International business account provider

Wise Business

Multi-currency business account

A multi-currency business account for companies in supported markets. Wise Business is a payment and e-money account, not a traditional bank.

At a glance

Provider type: Global business payment / e-money account
Legal model: Payment and e-money. Not a traditional bank.
Global reach: Very high
Business eligibility: International SMEs, freelancers and companies in supported markets.
Multi-currency: Hold 40+ currencies.
Local receiving details: Available in selected currencies and markets.
International payments: Global business transfers, batch payments and APIs.
Cards: Business cards in supported markets.
Accounting integrations: Accounting integrations and API options. Named accounting products are not listed.
Customer-money model: Safeguarded customer funds. Safeguarding framework. Not bank deposit insurance.

What is this provider?

Wise Business is listed as a global business payment and e-money account. The public comparison describes holding 40+ currencies, local details in selected currencies and markets, global transfers, batch payments, APIs and business cards in supported markets.

Which businesses can open an account?

International SMEs, freelancers and companies in supported markets.

Company requirement: Supported markets. A list of accepted incorporation countries is not stated.

Owner or director residence: Not separately stated.

Sector restrictions and any requirement for a local presence are not stated beyond that eligibility. A published focus is not a decision that your company can open the account.

Where is it available?

International SMEs, freelancers and companies in supported markets. A public country list is not stated.

Is this actually a bank account?

Business-finance platforms can provide account details, cards and payment infrastructure while operating under very different legal models.

Payment / e-money provider

Payment and e-money. Not a traditional bank.

Holding and managing currencies

Holding a currency, converting it, receiving it and sending it are separate functions. A currency count on its own does not describe which of those the company can do.

The stated holding figure is 40+ currencies. Local receiving details are available in selected currencies and markets, which is a narrower statement than the holding figure. Conversion fees apply and are published.

Hold 40+ currencies.

Getting paid internationally

Local receiving details can make it easier for customers to pay domestically even when your company operates internationally. Those details are not the same as a domestic bank account in that country.

Local account details in selected currencies and markets.

Available in selected currencies and markets.

Paying suppliers and contractors

Global business transfers, including batch payments and APIs.

Global business transfers, batch payments and APIs.

Cards and company spending

Business cards are stated for supported markets. Expense management, employee cards and spend approvals are not separately stated. A card does not establish those controls.

Business cards: Business cards in supported markets.

Expense management: Not separately stated.

Accounting and finance integrations

Accounting integrations and API options. Named accounting products are not listed.

What does the account cost?

Check current provider pricing. Monthly plans, payment fees, FX, cards, extra users and local payout fees can all change, and this comparison does not repeat a figure that is not captured here.

No high relationship minimum. Conversion fees apply and are published.

How is business money held?

A bank deposit, a partner-bank deposit, safeguarded customer funds and an e-money balance are different legal arrangements. They should not be treated as equivalent.

Safeguarded customer funds

Safeguarding framework. Not bank deposit insurance.

Protection depends on the legal entity and jurisdiction serving the business.